For the last decade, the United States securities regulator has forced investors into “toxic” and “unregulated” crypto products, says Gemini co-founder Cameron Winklevoss. On July 2, the Winklevoss twin slammed the U.S. Securities and Exchange Commission (SEC)’s constant refusal of spot Bitcoin exchange-traded funds, noting it’s now been 10 years since they first filed to get their own ETF approved…
Further details are coming to light following a July 2 attack on cross-chain bridge platform Poly Network, which has resulted in a hacker being able to issue billions of tokens out of thin air for profit. In a July 2 Twitter post, Poly Network confirmed it became the latest DeFi exploit victim after attackers managed to manipulate a smart contract…
Social media platform Twitter is temporarily limiting the number of posts that users will be allowed to read per day, after seeing “extreme levels of data scraping and system manipulation,” according to executive chairman Elon Musk. In a July 1 post, Musk said the temporary limits will see verified accounts capped at 10,000 posts per day, while unverified and new,…
Social media platform Twitter is temporarily limiting the number of posts that users will be allowed to read per day, after seeing “extreme levels of data scraping and system manipulation,” according to executive chairman Elon Musk. In a July 1 post, Musk said the temporary limits will see verified accounts capped at 10,000 posts per day, while unverified and new,…
Venture capital investments in cryptocurrency companies have plummeted over 70% over the past 365 days, according to information published by RootData, a crypto data provider. During the month of June 2022, the digital asset space received $1.81 billion in 149 rounds, whereas this year, only 83 projects registered $520 million—the lowest funded month to date. The RootData numbers show a…
False rumors have again been spreading over the resignation of United States Securities and Exchange chair Gary Gensler — this time, however, artificial intelligence has seemingly played a part. On July 1, a news story appeared on a website dubbed “thecryptoalert.com” claiming that SEC chair Gary Gensler had “submitted his resignation following an internal investigation,” citing an anonymous official. However,…
Cameron Winklevoss slammed the Securities and Exchange Commission (SEC) for a history of failure on Saturday, noting that it has been ten years since the agency received what he called the first Bitcoin ETF application—and killed it. The Winklevoss twins, who cofounded crypto exchange Gemini, first filed for a spot Bitcoin ETF-like trust in July 2013, moving early to establish…
Privacy advocates scored a big win in June with Binance’s announcement that it was backtracking on a decision to delist privacy coins for users in a number of European countries. As a result of the move, users in Italy, Poland, Spain and France will be permitted to continue trading tokens including Zcash (ZEC), Monero (XMR), Decred (DCR), Horizen’s ZEN, Verge…
Bitcoin (BTC) has been trading in a narrow range for the past few days but that doesn’t take away the sheen from its stunning 84% rally in 2023. The strong recovery in Bitcoin’s price has boosted buying in several altcoins, which have risen sharply from their yearly lows. As the second half of the year begins, the major question on…
The possibility of a U.S. central bank digital currency (CBDC) has become a hot-button political issue in the U.S., but it appears that concern over such a monetary instrument is also shared by America’s neighbors to the north in Canada as well as among its forbearers across the pond in the UK. Two surveys published last week—one by hardware wallet…
